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UPS to Offer 1st-Ever Buyouts to Union Delivery Drivers

UPS offers buyout to union drivers, drawing ire from Teamsters

United Parcel Service (NYSE:UPS) will reportedly offer its union drivers a severance offer as part of the company’s “network reconfiguration." The package offered through its “Driver Voluntary Severance Plan” is in addition to any retirement benefits,

Bloomberg on MSN · 2d

UPS to Offer First-Ever Buyouts to Union Delivery Drivers

Drivers would receive “a generous financial package if they choose to leave UPS,” in addition to any earned retirement benefits, including pension and health care, the company said in a statement on Thursday.

UPI on MSN · 1d

UPS announces voluntary buyout program for full-time drivers

The United Parcel Service has announced that it is offering buyouts to full-time drivers as part of its execution of "the largest network reconfiguration" in the company's history.

1don MSN

UPS Cutting Staff: What Move Means for Your Deliveries

On Thursday, the courier offered its U.S. drivers a voluntary buyout as part of "the largest network reconfiguration in UPS ...

FreightWaves2d

UPS drivers to receive buyout offer as company shrinks parcel network

UPS will offer an early retirement package to drivers as it looks to cull 20,000 workers amid slower parcel growth.

Nasdaq1d

UPS Unveils Voluntary Buyouts For Union Drivers Amid Major Network Restructurings - Nasdaq

(RTTNews) - UPS announced Thursday it will offer voluntary buyouts to its union-represented delivery drivers for the first time in its history, as part of a sweeping effort to restructure ...

UPS VIOLATES TEAMSTERS NATIONAL CONTRACT WITH PLAN FOR BUYOUTS

WASHINGTON, July 3, 2025 /PRNewswire/ -- United Parcel Service (UPS) is expected to unveil an illegal plan later this month ...

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